Quarterly expiry research
DERIVATIVES · QUARTERLY EXPIRY

Quarterly US Derivatives Expiry

Recurring U.S. equity-index derivatives expiry, also commonly called triple witching or quad witching. It is positioning context, not a directional Bitcoin signal.

STATUSCOMPLETED
ROLL WINDOWMar 13, 2023
EXPIRY SESSIONMar 17, 2023
HOLIDAY ADJUSTEDNo
BTC DATA7/7 windows complete
DIRECTIONAL PRIORNone
OBSERVED BTC PATH · COMPLETED DAILY CANDLES

Bitcoin reaction after expiry

HorizonReturnWorst excursionBest excursion
1D+7.70%+6.39%+10.89%
3D+11.06%+6.39%+14.08%
5D+9.07%+6.39%+15.51%
7D+9.73%+6.39%+15.51%
14D+13.66%+5.88%+16.52%
30D+21.05%+5.88%+23.94%
90D+2.07%-1.20%+23.94%

Base price is the last Coinbase BTC-USD daily close completed before the event. These outcomes do not prove the event caused the move.